When asked to detail what would make a better life in three to five years, 60% of US adults said greater financial security

When asked to detail what would make a better life in three to five years, 60% of US adults said greater financial security

Americans may seem increasingly divided on beliefs and values, but in a new survey of more than 30,000 adults from across the country spanning generations and economic classes, a majority of Americans agree there’s a significant barrier to achieving a better life: the rising cost of living.

When asked to describe what a better life in three to five years would look like, 60% of Americans said they wanted greater financial security, according to a survey that was conducted by the McKinsey Institute for Economic Mobility and the WK Kellogg Foundation in mid-April.

In interviews that accompanied the survey, respondents often defined financial security as being able to afford basic necessities without worry.

  • givesomefucks@lemmy.worldEnglish
    9·
    13 hours ago

    I think it’s important for people to understand that (fairly recently) they changed the definition of “inflation”.

    It used to be used as shorthand for “money inflation” which is when they supply of money increases which raises the prices of goods. This is what we saw when it would take literal wheelbarrows full of money to buy a single loaf of bread.

    That is not what is happening here.

    Now they say “inflation” and mean “prices went up”. There’s no increase in circulating money that causes it. All the money is being hoarded by oligarchs, and because no one else can afford to buy as much as they can, the oligarchs raised prices on everything so we had no choice but to spend more and get less.

    The reason isn’t “inflation” or any abstract concept, the reason is greedy oligarchs who think we won’t or can’t fight back.

    So stop fucking acting like this is a complicated thing that we need to figure out how to stop, we’re being price gouged by every industry and they’ll keep doing it till we make them stop. They’re doing it intentionally, and they’ll keep lying about it.

    Because if enough people realize the only reason prices are up is because no one is reigning in corporations…

    We might elect someone who is willing to reign in corporations.